Trading as a Profession!!
Education of Trading is necessary before jumping into it.
I have heard many saying Trading is gambling and many are making money out of the trading. Now, the question is weather money can be made out of the trading, I would say yes but is has certain rules and disciplines as other business.
Unless we take trading as a profession and follow the set of rules, its difficult to make money.
See, we all see stock market as in a day all your money needs would be fulfilled, but this is not the case 90% + people loose money in stock market since we all want money so quickly.
We must understand we do schooling, graduations, post graduation, professional courses and it takes our age to be turn near 25+ means we gave years to get a job, however when it comes to trading From the very first day we want to be expert and never try to learn the market and jump then we end with loosing huge amount of money in stock market .
If we could start learning the market from a perspective of business and understand it carefully and try to accept the reality that every business has losses and profits, but we try to avoid the losses and on this path we go to cover losses and loose all our money.
To Educate yourself for trading carefully read the links below:
Timeframe in Stock Market – Traders Fight
Psychology of Trading – Traders Fight
Price-Action based Trading – Traders Fight
How risk reward(RR) helps to become a full time trader? – Traders Fight
When to enter a trade? – Traders Fight
Trade what you see not what you think! – Traders Fight
Trading Vs Gambling – Traders Fight
Trading Vs Investing – Traders Fight
Options buying Vs Options Selling – Traders Fight
Dopamine a quick force to a lose everything – Traders Fight